AmericaNet Bank Offering 3.10% APY Mega Money Market Rate

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AmericaNet Bank, a division of Oklahoma based All-America Bank, is offering 3.10% APY on its Mega Money Market Account.  Key featured of the account include:

  • Includes 6 FREE withdrawals per month ($5 fee for each additional withdrawal)
  • FREE Account (No Monthly Maintenance Fee)
  • FREE Daily Email Notification if Overdrawn
  • NO MINIMUM BALANCE

The account application is all electronic.  Identify is authenticated via several questions pulled from your credit report.  Funding the account can be electronically via ACH. 

AmericaNet also offers a 5.25% APY Rewards Checking account on the first $25,000 deposited.  The subsequent funds receive a lower rate of 2.25% APY, which is still competitive.  To get the rate the sole requirement is that you must make 10 AmericaNet Bank® VISA® CheckCard sales transactions per month.

Safety and Soundness

All-America Bank, the parent company of AmericaNet Bank has a Bauer rating of 4 out of 5 stars (Excellent) for its safety and soudness.  The bank has been FDIC insured since December 22, 1969 (Certificate # 20093).

See the best savings rates here.

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